Decision Nº M/06/008 from Competition and Consumer Protection Commission, 2006-03-21

Date21 March 2006
Decision NumberM/06/008
Decision Date21 March 2006
PartiesWexford Echo,Thomas Crosbie
StatusNone
Merger Notification M/06/008 – Thomas Crosbie/Wexford Echo
DETERMINATION OF MERGER NOTIFICATION M/06/008 –
Thomas Crosbie/Wexford Echo
Section 21 of the Competition Act 2002
Proposed acquisition by Thomas Crosbie Holdings Limited of
Wexford Echo Newspaper Limited
Dated 21/03/06
Introduction
1. On 24th February 2006 the Competition Authority, in accordance with
Section 18(1) of the Competition Act, 2002 (“the Act”) was notified, on a
mandatory basis, of a proposal whereby Thomas Crosbie Holdings
Limited (“TCH”) would acquire Wexford Echo Newspaper Limited (“the
proposed acquisition”). The Authority forwarded a copy of the
notification to the Minister and notified the undertakings involved that it
considers the proposed acquisition to be a media merger, in accordance
with section 23(1) of the Act.
The Undertakings Involved
2. TCH is a private limited company incorporated in the State. It is a
holding company whose subsidiaries publish the following national and
regional, daily and weekly newspapers: The Irish Examiner, The
Evening Echo, The Western People, The Sligo Weekender, The Waterford
News and Star, The Kingdom, The Newry Democrat, the Down
Democrat, The Nationalist & Leinster Times, The Kildare Nationalist, The
Laois Nationalist, The Roscommon Herald, The Irish Post and The
Sunday business Post.
3. TCH also owns minority interests in County Mayo Radio Limited, NWR FM
Limited and Red FM.
4. Wexford Echo Newspaper Limited (“Wexford Echo”) publishes the
following weekly regional newspapers - The Enniscorthy Echo, The
Wexford Echo, The Gorey Echo and The New Ross Echo. These have a
circulation in County Wexford.
Analysis
5. TCH does not publish any weekly regional newspapers which compete
either in terms of advertising or circulation with the publications of
Wexford Echo. The transaction does not, therefore, give rise to
competition concerns.

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